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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Euro/Kenyan Shilling (FOREX:EURKES)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low EURKES Price Change
116.23 116.94 116.11 116.84 +0.61
Entry Signal

MarketClub’s Trade Triangles for EURKES

long term down The long term trend has been DOWN since Apr 20th, 2018 at 123.016

intermediate term down The intermediate term trend has been DOWN since Jul 27th, 2018 at 116.850

short term up The short term trend has been UP since Aug 17th, 2018 at 115.120

Smart Scan Analysis for EURKES

Based on a pre-defined weighted trend formula for chart analysis, EURKES scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
116.23 116.94 116.11 116.84 +0.61
Prev. Close Volume Bid Ask Time
116.23 114.84 118.84 2018-08-21 21:13:09
Want to analyze Euro/Kenyan Shilling EURKES or another symbol? Try our Free Forex Trend Analysis Report.